(no link–sorry)

We have previously warned  that the election of the Trumpster would result in extreme volatility.  This in fact occurred — in the middle of the night in the futures market– 700 some odd down in the Dow and commensurate in the S&P.  As you can see the market just hesitated for a moment at the bottom and turned around and shot up like a scalded skunk.  By morning there was nothing  left of it –except a buy signal on significant volume.  Obviously we don’t know that we have the beginning of a trend here — but you have to bet that way.

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464